Herzfeld Credit Income Fund
HERZ
19 hedge funds and large institutions have $10.7M invested in Herzfeld Credit Income Fund in 2017 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 6 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
14% more capital invested
Capital invested by funds: $9.37M → $10.7M (+$1.31M)
3% more ownership
Funds ownership: 21.6% → 24.6% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
24% less funds holding
Funds holding: 25 → 19 (-6)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$782K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$541K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$493K |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$190K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$7.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$243K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$186K |
| 3 |
AGM
Alpine Global Management
New York
|
-$150K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$79.9K |
| 5 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$17K |
HERZ Hedge Fund Activity: Q2 2017 in Review
19 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q2 2017, worth a combined $10.7M — up 14% from $9.37M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HERZ and 0 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $782K. The largest seller was LPL Financial, exiting entirely with an estimated $243K sold.
- 19 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q2 2017, down from 25 in Q1 2017.
- Funds reported $10.7M of Herzfeld Credit Income Fund stock for Q2 2017, up 14% quarter-over-quarter.
- 0 funds opened new Herzfeld Credit Income Fund positions in Q2 2017 and 6 closed out, a net change of -6 holders.
- The largest Herzfeld Credit Income Fund buyer in Q2 2017 was Thomas J. Herzfeld Advisors, an estimated $782K added.
- The largest Herzfeld Credit Income Fund seller in Q2 2017 was LPL Financial, an estimated $243K sold.
Based on aggregated 13F filings for Q2 2017.